Post Utme Lead City University 2019 Economics Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2019 Economics Objective / Multiple Choice

Question 18 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A government imposes a tax on a firm's output. What is the effect of this tax on the firm's supply curve?

Answer Options

Correct Answer A. The supply curve shifts to the left.

B. The supply curve shifts to the right.

C. The supply curve becomes steeper.

D. The supply curve becomes flatter.

Correct Answer

Correct Option:

The supply curve shifts to the left.

About This Question

This is Post Utme Lead City University 2019 Economics Question 18. It is one of the objective questions from the 2019 Post Utme Lead City University Economics examination.

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